Shoprite SHP (24082c) - short term traders, if you're holding. Technical Perspective:
> Daily Candle structure bearish following strong run
> Rejection at (exactly) the prior swing highs.
> Rejection at parallel channel
> The share was highlighted pre-market yesterday in the "strong but near overbought' scan.
For more research, including trade ideas, get in touch today.
> Daily Candle structure bearish following strong run
> Rejection at (exactly) the prior swing highs.
> Rejection at parallel channel
> The share was highlighted pre-market yesterday in the "strong but near overbought' scan.
For more research, including trade ideas, get in touch today.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.